- account debtor
- An individual or business that is obligated to pay on an account, chattel paper, contract right, or general intangible. American Banker Glossary
Financial and business terms. 2012.
account debtor
Look at other dictionaries:
account debtor — index debtor Burton s Legal Thesaurus. William C. Burton. 2006 account debtor … Law dictionary
account debtor — Person who is obligated on an account, chattel paper or general intangible. U.C.C. No. 9 105(lXa) … Black's law dictionary
account debtor — Person who is obligated on an account, chattel paper or general intangible. U.C.C. No. 9 105(lXa) … Black's law dictionary
debtor — debt·or n: a person who owes a debt see also bankrupt compare creditor, obligee, obligor ◇ The Bankruptcy Act of 1978 calls the person concerned in a bankruptcy case the “debtor” as opposed to the “bankrupt.” … Law dictionary
account — A detailed statement of the mutual demands in the nature of debit and credit between parties, arising out of contracts or some fiduciary relation. A statement in writing, of debits and credits, or of receipts and payments; a list of items of… … Black's law dictionary
account — A detailed statement of the mutual demands in the nature of debit and credit between parties, arising out of contracts or some fiduciary relation. A statement in writing, of debits and credits, or of receipts and payments; a list of items of… … Black's law dictionary
account stated — account stat·ed / stā təd/ n pl accounts stated: an account presented by a creditor to his or her debtor which by implied or express acceptance has been agreed upon by both parties as correct Merriam Webster’s Dictionary of Law. Merriam Webster.… … Law dictionary
account rendered — account ren·dered / ren dərd/ n pl accounts rendered: an account presented by a creditor to a debtor for examination and settlement Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. account rendered … Law dictionary
account payable — account pay·able / pā ə bəl/ n pl accounts payable: the balance due to a creditor on a current account Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. account payable … Law dictionary
account receivable — account re·ceiv·able / ri sē və bəl/ n pl accounts receivable: a balance due from a debtor on a current account Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. account receivable … Law dictionary
